Tag archives: cyber attack

FERC issues notice of proposed rulemaking to extend reporting requirements for cyberattacks targeting the energy sector

Photo of Susan Ross (US)Photo of Alexis Wilpon (US)By Susan Ross (US) and Alexis Wilpon (US) on Posted in Compliance and risk management, Cybercrime, Data breach
Data Protection Report - Norton Rose FulbrightOn July 23 and 25, 2018, the U.S. Department of Homeland Security (DHS) held public briefings about an attempt by a state-sponsored Russian hacking group to target control systems for U.S. electrical grids and power plants. DHS’ webinar explained that the hackers obtained access to vendors providing computer services to electric utilities companies. This initial … Continue reading

The Business E-mail Compromise attack – what your company should know to prevent attacks and recover fraudulent wire transfers

Photo of Jim James (HK)By Jim James (HK) on Posted in Regulatory response
Data Protection Report - Norton Rose FulbrightThe Federal Bureau of Investigation (“FBI”) issued Public Service Announcement (“PSA”) I-082715a, updating a previous PSA describing the “Business E-mail Compromise.” The FBI defines the Business E-mail Compromise as “a sophisticated scam targeting businesses working with foreign suppliers and/or businesses that regularly perform wire transfer payments. The scam is carried out by compromising legitimate business … Continue reading

Cyber Attackers Targeted by US Treasury Department OFAC Sanctions

Photo of Kim Caine (US)By Kim Caine (US) on Posted in Regulatory response
Data Protection Report - Norton Rose FulbrightOn April 1, 2015, President Obama issued Executive Order 13694, creating a new sanctions program that targets the growing and evolving threat posed by cyber-attacks.  The Order authorizes sanctions against those who seek to use cyber-attacks to harm critical infrastructure, target network availability, and steal sensitive information, such as trade secrets and personal financial information. … Continue reading
LexBlog